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Ford Motor Stock Surges on Morgan Stanley’s Energy Storage Endorsement

Ford Motor Stock Surges on Morgan Stanley’s Energy Storage Endorsement

Global Cryptocurrency
Release Time:
2026-05-14 04:43:02
0
BTCCSquare news:

Ford Motor Company's stock soared over 13% to $13.56, leading the S&P 500 after Morgan Stanley highlighted its energy storage potential. Analyst Andrew Percoco framed Ford Energy as a critical yet overlooked component of the Model e division's profitability roadmap. The unit aims to deploy 20 gigawatt hours annually by late 2027, with projected operating profits reaching $600 million by 2030.

Strategic advantages include Ford's partnership with CATL, positioning it to capitalize on US energy storage tax credits. While competitors like Tesla and GM saw modest gains, Ford's rally underscores market enthusiasm for its vertical integration in renewable energy infrastructure.

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